메뉴 건너뛰기




Volumn 12, Issue 2, 2011, Pages 96-110

Understanding the demand for flood insurance

Author keywords

Disaster insurance; Floods; Insurance demand; NFIP

Indexed keywords

CENSUS TRACTS; DISASTER INSURANCE; FLOOD-PLAINS; MISSOURIS; NFIP; ST. LOUIS COUNTY;

EID: 79957608775     PISSN: 15276988     EISSN: None     Source Type: Journal    
DOI: 10.1061/(ASCE)NH.1527-6996.0000025     Document Type: Article
Times cited : (66)

References (63)
  • 1
    • 0042079769 scopus 로고
    • The national flood insurance program: Problems and potential
    • Anderson, D. R. (1974). The national flood insurance program: Problems and potential. J. Risk Insur., 41 (4), 579-599.
    • (1974) J. Risk Insur. , vol.41 , Issue.4 , pp. 579-599
    • Anderson, D.R.1
  • 2
    • 0000928345 scopus 로고
    • Flood insurance: Some determinants of adoption
    • Baumann, D. D., and Sims, J. H. (1978). Flood insurance: Some determinants of adoption. Econ. Geogr., 54 (3), 189-196.
    • (1978) Econ. Geogr. , vol.54 , Issue.3 , pp. 189-196
    • Baumann, D.D.1    Sims, J.H.2
  • 3
    • 79957601720 scopus 로고
    • Giving a hand to the upper class
    • Special Section, Nov. 21
    • Best, K. (1992). Giving a hand to the upper class. St. Louis Post-Dispatch, Special Section, Nov. 21, 9.
    • (1992) St. Louis Post-Dispatch , pp. 9
    • Best, K.1
  • 4
    • 79957627372 scopus 로고
    • Law in place but not in use
    • Special Section, Nov. 21
    • Best, K., and Linsalata, P. (1993). Law in place but not in use. St. Louis Post-Dispatch, Special Section, Nov. 21, 4.
    • (1993) St. Louis Post-Dispatch , pp. 4
    • Best, K.1    Linsalata, P.2
  • 5
    • 0034811719 scopus 로고    scopus 로고
    • Should flood insurance be mandatory? Insights in the wake of the 1997 New Year's Day flood in Reno-Sparks, Nevada
    • DOI 10.1016/S0143-6228(01)00009-1, PII S0143622801000091
    • Blanchard-Boehm, R. D., and Berry, K. A., Showalter, P. S. (2001). Should flood insurance be mandatory? Insights in the wake of the 1997 New Year's Day flood in Reno-Sparks. Appl. Geogr., 21 (3), 199-221. (Pubitemid 32908480)
    • (2001) Applied Geography , vol.21 , Issue.3 , pp. 199-221
    • Blanchard-Boehm, R.D.1    Berry, K.A.2    Showalter, P.S.3
  • 6
    • 0034415932 scopus 로고    scopus 로고
    • The demand for flood insurance: Empirical evidence
    • Browne, M. J., and Hoyt, R. E. (2000). The demand for flood insurance: Empirical evidence. J. Risk Uncertainty, 20 (3), 291-306.
    • (2000) J. Risk Uncertainty , vol.20 , Issue.3 , pp. 291-306
    • Browne, M.J.1    Hoyt, R.E.2
  • 7
    • 84994924358 scopus 로고
    • Decision processes for low probability events: Policy implications
    • Camerer, C. F., and Kunreuther, H. (1989). Decision processes for low probability events: Policy implications. J. Policy Anal. Manage., 8 (4), 565-592.
    • (1989) J. Policy Anal. Manage. , vol.8 , Issue.4 , pp. 565-592
    • Camerer, C.F.1    Kunreuther, H.2
  • 8
    • 0005871313 scopus 로고    scopus 로고
    • Semiparametric censored regression models
    • Chay, K. Y., and Powell, J. L. (2001). Semiparametric censored regression models. J. Econ. Perspect., 15 (4), 29-42. (Pubitemid 33594772)
    • (2001) Journal of Economic Perspectives , vol.15 , Issue.4 , pp. 29-42
    • Chay, K.Y.1    Powell, J.L.2
  • 9
    • 21144472671 scopus 로고
    • Income, risk aversion, and the demand for insurance
    • Cleeton, D. L., and Zellner, B. B. (1993). Income, risk aversion, and the demand for insurance. South. Econ. J., 60 (1), 146-156.
    • (1993) South. Econ. J. , vol.60 , Issue.1 , pp. 146-156
    • Cleeton, D.L.1    Zellner, B.B.2
  • 10
    • 0000591336 scopus 로고
    • Some statistical models for limited dependent variables with application to the demand for durable goods
    • 0098-1699, 10.2307/1909582
    • Cragg, J. G. (1971). Some statistical models for limited dependent variables with application to the demand for durable goods. Econometrica 0098-1699, 39 (5), 829-844. 10.2307/1909582
    • (1971) Econometrica , vol.39 , Issue.5 , pp. 829-844
    • Cragg, J.G.1
  • 11
    • 33646173038 scopus 로고    scopus 로고
    • Are natural hazards and disaster losses in the U.S. increasing?
    • 0002-8606 10.1029/2005EO410001
    • Cutter, S. L., and Emrich, C. (2005). Are natural hazards and disaster losses in the U.S. increasing? Trans., Am. Geophys. Union, 86 (41), 381-396. 0002-8606 10.1029/2005EO410001
    • (2005) Trans., Am. Geophys. Union , vol.86 , Issue.41 , pp. 381-396
    • Cutter, S.L.1    Emrich, C.2
  • 13
    • 79957591481 scopus 로고    scopus 로고
    • FEMA. (2002). National flood insurance program: Program description, Federal Insurance and Mitigation Div., Washington, DC
    • FEMA. (2002). National flood insurance program: Program description, Federal Insurance and Mitigation Div., Washington, DC
  • 15
    • 79957627838 scopus 로고
    • Government Accounting Office (GAO). The effect of premium increases on achieving the National Flood Insurance Program's objectives, Washington, DC
    • Government Accounting Office (GAO). (1983). The effect of premium increases on achieving the National Flood Insurance Program's objectives, Washington, DC
    • (1983)
  • 16
    • 79957585904 scopus 로고    scopus 로고
    • GAO. (2006). Flood insurance: Extent of noncompliance with purchase requirements is unknown, Washington, DC
    • GAO. (2006). Flood insurance: Extent of noncompliance with purchase requirements is unknown, Washington, DC
  • 17
    • 79957608645 scopus 로고    scopus 로고
    • GAO. (2007). Natural disasters: Public policy options for changing the federal role in natural catastrophe insurance, Washington, DC
    • GAO. (2007). Natural disasters: Public policy options for changing the federal role in natural catastrophe insurance, Washington, DC
  • 18
    • 0004296209 scopus 로고    scopus 로고
    • 5th Ed., Prentice Hall, Upper Saddle River, NJ
    • Greene, W. H. (2002). Econometric analysis, 5th Ed., Prentice Hall, Upper Saddle River, NJ.
    • (2002) Econometric Analysis
    • Greene, W.H.1
  • 19
    • 0000125534 scopus 로고
    • Sample selection bias as a specification error
    • 0098-1699 10.2307/1912352
    • Heckman, J. J. (1979). Sample selection bias as a specification error. Econometrica, 47 (1), 153-161. 0098-1699 10.2307/1912352
    • (1979) Econometrica , vol.47 , Issue.1 , pp. 153-161
    • Heckman, J.J.1
  • 20
    • 15744368054 scopus 로고    scopus 로고
    • Development in the Upper Mississippi Basin: 10 Years after the Great Flood of 1993
    • DOI 10.1016/j.landurbplan.2004.03.012, PII DEVELOPMENT IN THE UPPER MISSISSIPPI BASIN: 10 YEA
    • Hipple, J. D., Drazkowski, B., Thorsell, P. M. (2005). Development in the Upper Mississippi Basin: 10 years after the Great Flood of 1993. Landscape Urban Plann., 72 (4), 313-323. 0169-2046 10.1016/j.landurbplan.2004.03.012 (Pubitemid 40406120)
    • (2005) Landscape and Urban Planning , vol.72 , Issue.4 , pp. 313-323
    • Hipple, J.D.1    Drazkowski, B.2    Thorsell, P.M.3
  • 21
    • 79957622396 scopus 로고    scopus 로고
    • Insurance Research Council (IRC) and Insurance Institute of Property Loss Reduction (IIPLR). (1995). Coastal exposure and community protection: Hurricane Andrew's legacy. Wheaton, IL and Boston
    • Insurance Research Council (IRC) and Insurance Institute of Property Loss Reduction (IIPLR). (1995). Coastal exposure and community protection: Hurricane Andrew's legacy. Wheaton, IL and Boston
  • 22
    • 0003768818 scopus 로고
    • Kahneman, D., Slovic, P., and Tversky, A., eds., Cambridge Univ., Cambridge, UK
    • Kahneman, D., Slovic, P., and, Tversky, A., eds. (1982). Judgment under uncertainty: Heuristics and biases, Cambridge Univ., Cambridge, UK.
    • (1982) Judgment under Uncertainty: Heuristics and Biases
  • 23
    • 0000125532 scopus 로고
    • Prospect theory: An analysis of decision under risk
    • 0098-1699 10.2307/1914185
    • Kahneman, D., and Tversky, A. (1979). Prospect theory: An analysis of decision under risk. Econometrica, 47 (2), 263-292. 0098-1699 10.2307/1914185
    • (1979) Econometrica , vol.47 , Issue.2 , pp. 263-292
    • Kahneman, D.1    Tversky, A.2
  • 24
    • 54149095587 scopus 로고    scopus 로고
    • Goals and plans in decision making
    • Krantz, D., and Kunreuther, H. C. (2007). Goals and plans in decision making. Judgment Decis. Making, 2 (3), 137-168.
    • (2007) Judgment Decis. Making , vol.2 , Issue.3 , pp. 137-168
    • Krantz, D.1    Kunreuther, H.C.2
  • 25
    • 4744355644 scopus 로고    scopus 로고
    • Participation in the national flood insurance program: An empirical analysis for coastal properties
    • Kriesel, W., and Landry, C. (2004). Participation in the National Flood Insurance Program: An empirical analysis for coastal properties. J. Risk Insur., 71 (3), 405-420. (Pubitemid 39307879)
    • (2004) Journal of Risk and Insurance , vol.71 , Issue.3 , pp. 405-420
    • Kriesel, W.1    Landry, C.2
  • 26
    • 84977286005 scopus 로고
    • An economic approach to coping with flood damage
    • 0043-1397 10.1029/WR002i002p00183
    • Krutilla, J. V. (1966). An economic approach to coping with flood damage. Water Resour. Res., 2 (2), 183-190. 0043-1397 10.1029/WR002i002p00183
    • (1966) Water Resour. Res. , vol.2 , Issue.2 , pp. 183-190
    • Krutilla, J.V.1
  • 28
    • 84965878335 scopus 로고
    • The changing societal consequences of risks from natural hazards
    • Kunreuther, H. C. (1979). The changing societal consequences of risks from natural hazards. Ann. Am. Acad. Political Soc. Sci., 443, 104-116.
    • (1979) Ann. Am. Acad. Political Soc. Sci. , vol.443 , pp. 104-116
    • Kunreuther, H.C.1
  • 29
    • 67649553272 scopus 로고    scopus 로고
    • Reducing losses from catastrophic risks through long-term insurance and mitigation
    • Kunreuther, H. C. (2008). Reducing losses from catastrophic risks through long-term insurance and mitigation. Soc. Res., 75 (3), 905-930.
    • (2008) Soc. Res. , vol.75 , Issue.3 , pp. 905-930
    • Kunreuther, H.C.1
  • 30
    • 19044378788 scopus 로고    scopus 로고
    • High stakes decision making: Normative, descriptive and prescriptive considerations
    • Kunreuther, H. C., (2002). High stakes decision making: Normative, descriptive and prescriptive considerations. Mark. Lett., 13 (3), 259.
    • (2002) Mark. Lett. , vol.13 , Issue.3 , pp. 259
    • Kunreuther, H.C.1
  • 31
    • 71449110627 scopus 로고    scopus 로고
    • Insurance decision-making and market behavior
    • Kunreuther, H. C., and Pauly, M. (2005). Insurance decision-making and market behavior. Found. Trends Microeconomics, 1 (2), 63-127.
    • (2005) Found. Trends Microeconomics , vol.1 , Issue.2 , pp. 63-127
    • Kunreuther, H.C.1    Pauly, M.2
  • 33
    • 25444527393 scopus 로고
    • The role of the National Flood Insurance Program in reducing losses and promoting wise use of floodplains
    • Kunreuther, H. C., and White, G. F. (1994). The role of the National Flood Insurance Program in reducing losses and promoting wise use of floodplains. Water Resour. Update, 95.
    • (1994) Water Resour. Update , vol.95
    • Kunreuther, H.C.1    White, G.F.2
  • 34
    • 0001028222 scopus 로고    scopus 로고
    • On the choice between sample selection and two-part models
    • Leung, S. F., and Yu, S. (1996). On the choice between sample selection and two-part models. J. Econometrics, 72 (1-2), 197-229. (Pubitemid 126372871)
    • (1996) Journal of Econometrics , vol.72 , Issue.1-2 , pp. 197-229
    • Leung, S.F.1    Yu, S.2
  • 36
    • 21144464886 scopus 로고
    • Insurance for low-probability hazards: A bimodal response to unlikely events
    • McClelland, G. H., Schulze, W. D., and Coursey, D. L. (1993). Insurance for low-probability hazards: A bimodal response to unlikely events. J. Risk Uncertainty, 7 (1), 95-116.
    • (1993) J. Risk Uncertainty , vol.7 , Issue.1 , pp. 95-116
    • McClelland, G.H.1    Schulze, W.D.2    Coursey, D.L.3
  • 37
    • 77953727834 scopus 로고    scopus 로고
    • Come rain or shine: Evidence on flood insurance purchases in Florida
    • Michel-Kerjan, E., and Kousky, C. (2010). Come rain or shine: Evidence on flood insurance purchases in Florida. J. Risk Insur., 77 (2), 369-397.
    • (2010) J. Risk Insur. , vol.77 , Issue.2 , pp. 369-397
    • Michel-Kerjan, E.1    Kousky, C.2
  • 38
    • 0022845176 scopus 로고
    • Changes in American urban floodplain occupancy since 1958: The experiences of nine cities.
    • DOI 10.1016/0143-6228(86)90034-2
    • Montz, B. E., and Gruntfest, E. (1986). Changes in American urban floodplain occupancy since 1958: The experiences of nine cities. Appl. Geogr., 6 (4), 325-338. (Pubitemid 17241948)
    • (1986) Applied Geography , vol.6 , Issue.4 , pp. 325-338
    • Montz, B.1    Gruntfest, E.C.2
  • 39
    • 0000499207 scopus 로고
    • Aspects of rational insurance purchasing
    • Mossin, J. (1968). Aspects of rational insurance purchasing. J. Political Econ., 76 (4), 553-568.
    • (1968) J. Political Econ. , vol.76 , Issue.4 , pp. 553-568
    • Mossin, J.1
  • 41
    • 0029528654 scopus 로고
    • The Roepke lecture in economic geography. Catastrophic earthquake insurance: Patterns of adoption
    • Palm, R. (1995). The Roepke lecture in economic geography-Catastrophic earthquake insurance: Patterns of adoption. Econ. Geogr., 71 (2), 119-131. (Pubitemid 26430485)
    • (1995) Economic Geography , vol.71 , Issue.2 , pp. 119-131
    • Palm, R.1
  • 42
    • 85012820177 scopus 로고    scopus 로고
    • Perceived risk and the earthquake insurance purchase decision: A commentary on a paper by Lennart Sjberg
    • Palm, R. (1999). Perceived risk and the earthquake insurance purchase decision: A commentary on a paper by Lennart Sjberg. J. Risk Res., 2 (4), 289-294.
    • (1999) J. Risk Res. , vol.2 , Issue.4 , pp. 289-294
    • Palm, R.1
  • 43
    • 84893654605 scopus 로고
    • Earthquake insurance: Mandated disclosure and homeowner response in California
    • Palm, R., and Hodgson, M. (1992). Earthquake insurance: Mandated disclosure and homeowner response in California. Ann. Assoc. Am. Geographers, 82 (2), 207-222.
    • (1992) Ann. Assoc. Am. Geographers , vol.82 , Issue.2 , pp. 207-222
    • Palm, R.1    Hodgson, M.2
  • 47
    • 0000729681 scopus 로고
    • Least absolute deviations estimation for the censored regression model
    • Powell, J. L. (1984). Least absolute deviations estimation for the censored regression model. J. Econometrics, 25 (3), 303-325.
    • (1984) J. Econometrics , vol.25 , Issue.3 , pp. 303-325
    • Powell, J.L.1
  • 48
    • 79957623703 scopus 로고    scopus 로고
    • PricewaterhouseCoopers. (1999). Study of the economic effects of charging actuarially based premium rates for pre-FIRM structures, New York
    • PricewaterhouseCoopers. (1999). Study of the economic effects of charging actuarially based premium rates for pre-FIRM structures, New York
  • 49
    • 0034009792 scopus 로고    scopus 로고
    • The Heckman correction for sample selection and its critique
    • Puhani, P. A. (2000). The Heckman correction for sample selection and its critique. J. Econ. Surv., 14 (1), 53-68. 0950-0804 10.1111/1467-6419.00104 (Pubitemid 30137406)
    • (2000) Journal of Economic Surveys , vol.14 , Issue.1 , pp. 53-68
    • Puhani, P.A.1
  • 50
    • 0041578719 scopus 로고    scopus 로고
    • Flood insurance: A survey of Grand Forks, North Dakota, homeowners
    • Pynn, R., and Ljung, G. M. (1999). Flood insurance: A survey of Grand Forks, North Dakota, homeowners. Appl. Behav. Sci. Rev., 7 (2), 171-180.
    • (1999) Appl. Behav. Sci. Rev. , vol.7 , Issue.2 , pp. 171-180
    • Pynn, R.1    Ljung, G.M.2
  • 53
    • 0023324565 scopus 로고
    • Perception of risk
    • Slovic, P. (1987). Perception of risk. Science, 236 (4799), 280-285. 0036-8075 10.1126/science.3563507 (Pubitemid 17061043)
    • (1987) Science , vol.236 , Issue.4799 , pp. 280-285
    • Slovic, P.1
  • 54
    • 0000273135 scopus 로고
    • Preference for insuring against probable small losses: Insurance implications
    • Slovic, P., Fischhoff, B., Lichtenstein, S., Corrigan, B., and Combs, B. (1977). Preference for insuring against probable small losses: Insurance implications. J. Risk Insur., 44 (2), 237-258.
    • (1977) J. Risk Insur. , vol.44 , Issue.2 , pp. 237-258
    • Slovic, P.1    Fischhoff, B.2    Lichtenstein, S.3    Corrigan, B.4    Combs, B.5
  • 55
    • 0038071243 scopus 로고    scopus 로고
    • The demand for multiple peril crop insurance: Evidence from montana wheat farms
    • Smith, V. H., and Baquet, A. E. (1996). The demand for multiple peril crop insurance: Evidence from Montana wheat farms. Am. J. Agric. Econ., 78 (1), 189-201. 0002-9092 10.2307/1243790 (Pubitemid 126555166)
    • (1996) American Journal of Agricultural Economics , vol.78 , Issue.1 , pp. 189-201
    • Smith, V.H.1    Baquet, A.E.2
  • 56
    • 79957609614 scopus 로고    scopus 로고
    • St. Louis County Dept. of Planning. (2007). St. Louis County, Missouri: 2007-2012 Fact Book, Research and Statistics Div., St. Louis County Dept of Planning, St. Loui
    • St. Louis County Dept. of Planning. (2007). St. Louis County, Missouri: 2007-2012 Fact Book, Research and Statistics Div., St. Louis County Dept of Planning, St. Louis
  • 57
    • 0000437842 scopus 로고    scopus 로고
    • Tools for intuition about sample selection bias and its correction
    • Stolzenberg, R. M., and Relles, D. A. (1997). Tools for intuition about sample selection bias and its correction. Am. Sociol. Rev., 62 (3), 494-507. (Pubitemid 127618929)
    • (1997) American Sociological Review , vol.62 , Issue.3 , pp. 494-507
    • Stolzenberg, R.M.1    Relies, D.A.2
  • 58
    • 79957618216 scopus 로고    scopus 로고
    • The American Institutes for Research. (2005). A chronology of major events affecting the National Flood Insurance Program, FEMA, Washington, DC
    • The American Institutes for Research. (2005). A chronology of major events affecting the National Flood Insurance Program, FEMA, Washington, DC
  • 59
    • 0000175291 scopus 로고
    • Estimation of relationships for limited dependent variables
    • 0098-1699 10.2307/1907382
    • Tobin, J. (1958). Estimation of relationships for limited dependent variables. Econometrica, 26 (1), 24-36. 0098-1699 10.2307/1907382
    • (1958) Econometrica , vol.26 , Issue.1 , pp. 24-36
    • Tobin, J.1
  • 60
    • 34247529903 scopus 로고
    • Availability: A heuristic for judging frequency and probability
    • Tversky, A., and Kahneman, D. (1973). Availability: A heuristic for judging frequency and probability. Cognit. Psychol., 5, 207-232.
    • (1973) Cognit. Psychol. , vol.5 , pp. 207-232
    • Tversky, A.1    Kahneman, D.2
  • 63
    • 0025340031 scopus 로고
    • Risk within reason
    • 0036-8075 10.1126/science.2333509
    • Zeckhauser, R. J., and Viscusi, K. W. (1990). Risk within reason. Science, 248 (4955), 559-564. 0036-8075 10.1126/science.2333509
    • (1990) Science , vol.248 , Issue.4955 , pp. 559-564
    • Zeckhauser, R.J.1    Viscusi, K.W.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.